The Small Business Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, ...
The move would bar small businesses with any amount of ownership from green card holders from applying for the agency’s most popular small business loan program.
Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green card holders.
Nearly 10% of SBA loan portfolios face immediate disqualification as new rules mandate 100% U.S. citizenship. Starting March ...
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SBA loan forgiveness for PPP, EIDL and 7(a) loans
The United States Small Business Administration (SBA) offers several loan programs to support small businesses, including emergency relief loans and traditional financing options. If you’re looking ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The new program offers flexible ...
Growth requires capital. Whether you’re expanding facilities, acquiring a competitor or building a stronger balance sheet for the next quarter, businesses need a strong financing strategy to fund ...
Explore the current interest rates for SBA-backed financing—including 7(a), 504 and microloans—and learn how these compare to traditional loan options Written By Written by Staff Senior Editor, Buy ...
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SBA launches loan program for small manufacturers
The Small Business Administration is rolling out a new loan program specifically for small manufacturers. The 7(a) Manufacturers' Access to Revolving Credit (MARC) loan program will offer working ...
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